RESI News and Press, Front Yard Residential Corporation From 07/10/22

U.S. equity markets posted solid gains this past week as decent employment data eased concerns over a "hard landing"- for the U.S. economy at least- sparking a bid for risk assets. Recording just its third weekly gain in the past fourteen weeks, the S&P 500 advanced 1.9% on the we...

Manufactured Housing REITs - one of the most "recession-resistant" property sectors given their countercyclical demand profile - have rebounded over the past month following uncharacteristic underperformance in early 2022. MH REITs have remarkably delivered nine consecutive years of o...

The REIT sector has fallen in 4 of the first 5 months of 2022, including a -3.51% total return in May. Small cap (-2.26%) and mid cap (-3.46%) REITs outperformed, while large caps (-4.48%) and micro caps (-5.82%) saw deeper losses in May. Only 31.18% of REIT securities had a posit...

Amid mounting recession worries and a return of heart-stopping market volatility, residential REITs - particularly the traditionally countercyclical single-family rentals - should prove to be a source of relative shelter. Single-Family Rental REITs were born from the last economic cri...

Mortgage REITs – along with other fixed income-oriented securities across the credit and maturity curve - have stabilized in recent weeks as bond market volatility has calmed following a historically rough early-2022. Earnings results confirmed that the challenging macro enviro...

U.S. equity markets extended a dismal stretch of declines to seven-straight weeks amid concerns over persistent inflation, slowing growth, and questions over the Fed's ability to engineer a "soft landing." The S&P 500 dipped another 3.0% on the week while the Dow Jones Industrial ...

This article is a short outline of what I see as the macroeconomic effects of a possible continuation of weakness in crypto financial markets. The direct effects would be small, although weakness in crypto is interleaved with the fortunes of the tech sector. It is certainly possib...

Amid mounting concerns over soaring interest rates, stagflation, and even outright recession, we take a look at high-level REIT fundamentals to chart the likely path forward for the real estate industry. Owing to the harsh lessons from the Great Financial Crisis, most REITs have been ...

U.S. equity markets declined for the sixth-straight week after hotter-than-expected inflation reports failed to show significant signs of easing and kept the "pedal to the metal" for Fed monetary tightening. Flirting with "bear-market" territory before paring its declines later in the...

The housing market typically follows an ordered pattern: mortgage rates lead sales and construction, which in turn lead prices, which in turn lead inventory. In the past few months, there has been a sharp spike in mortgage rates to a 10 year high. The increase in rates has led to ...